Suppose there are four dominant manufacturers of toilet tissue. the largest of these manufacturers announces that it will raise its prices by 15 percent due to higher paper costs. within three days, the other three dominant toilet tissue manufacturers announce similar price hikes. the decision among the four companies to raise prices would a. be evidence of explicit collusion because they are all large companies. b. not be explicit collusion unless there was clear evidence of an agreement among the manufacturers. c. not be explicit collusion unless there was a written agreement among the manufacturers. d. be evidence of explicit collusion since they all acted similarly.

turnover

the amount of money taken by a business in a particular period.

answer the law of increasing costs;

answerall of the above;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.